October 22, 1999

Carreras Group Ltd. (CAR) – Dividend

The Directors have declared an interim dividend of twenty cents per stock unit (less income tax). This interim dividend is declared payable out of unfranked profits and will be paid

First Life Insurance – Capital Distribution

A a special meeting of the Board of Directors on October 21, 1999 declared an interim capital distribution of five cents per stock, less transfer tax on November 26, 1999